By Matthew M. Fischer - Associate - Urban Thier Federer & Jackson, P.A.

Background

       Many individuals are entitled to structured settlement payments, also known as annuity payments. These payments are usually the result of a personal injury or wrongful death settlement agreement. The intent of such structured or annuity payments, versus a lump sum payment, is to provide a future payment stream and, arguably, to protect the payment recipient “from themselves” by not giving them all of the settlement money in one lump sum. (more…)